The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Wells Fargo & Co’s current trading price is -9.97% away from its 52-week high, while its distance from the 52-week low is 52.52%. The stock’s price range for this period has been between $46.12 and $78.13 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 49.96 million for the day, a number notably higher than the average daily volume of 17.94 million over the last three months.
Wells Fargo & Co ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $78.13 on 11/26/24, while the lowest value for the same period was recorded at $46.12 on 01/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wells Fargo & Co (WFC) has experienced a quarterly rise of 27.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 239.26B and boasts a workforce of 226000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 62.52, with a change in price of +11.00. Similarly, Wells Fargo & Co recorded 18,161,766 in trading volume during the last 100 days, posting a change of +18.54%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for WFC stands at 1.63. Similarly, the long-term debt-to-equity ratio is also 1.00.
WFC Stock Stochastic Average
As of today, Wells Fargo & Co’s raw stochastic average for the last 50 days stands at 57.22%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 18.17%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 7.42% and 8.64%, respectively.
WFC Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 42.91%. However, over the last six months, the performance has been weaker by 19.20%. The price of WFC decreased -4.40% over the last 30 days. And in the last five days, it has fallen by -0.14%.
